The Kavieng Stadium in Kavieng town, New Ireland province has been renamed to Sir Julius Chan Stadium as a mark of honor for the Late political icon, the last of the founding fathers of Papua New Guinea who passed away early this year. New Ireland Governor Walter Schnaubelt announced this during the New Ireland Day celebrations held at this Stadium on Saturday, 02nd August, 2025. “It is fitting and proper to announce that the Kavieng Sports Stadium will now be named in honor and legacy of our late Governor Sir Julius Chan,” he said. Late Sir Julius, Papua New Guinea’s…
Author: Emmanuel MAIPE
The Kumul Petroleum Holdings Limited (KPHL) has been given the thumbs up to go ahead with the construction of the Central Province Industrial Park (CCIP) at Caution Bay after receiving a Provisional Development License from the Special Economic Zone Authority (SEZA) Board. The Provisional Developer License that was presented to Kumul Petroleum on Monday 4th August in Port Moresby city, is just for twelve (12) months (1 Year). The CPIP project is a cornerstone of the government’s economic diversification agenda and is expected to stimulate job creation, industrial processing, and regional development in Central Province. However, the Board, in the…
New Zealand (NZ) Prime Minister Christopher Luxon start his day in his official three- day visit to Papua New Guinea (PNG) paying a courtesy visit to the Governor General of PNG Grand Chief Sir Bob Dadae. The Governor General received Prime Minister Luxon at the Government House in Port Moresby city at 9AM where he acknowledged the close and historical relations both PNG and New Zealand share and in particular, New Zealand’s direct funding assistance and volunteer service in rural communities in PNG. Prime Minister Luxon said, “New Zealand is proud of its close relations with PNG that reaches back…
The Central Lime and Cement project will greatly support and improve the living standards of the people of Kido and also ReaRea in the Central province thanks to the agreement made between the landowners and the developer, Pacific Lime and Cement. Mr. Paul Mulder, the Managing Director of Pacific Lime and Cement (PLC) held a press conference on Monday 4th August in Port Moresby city following the official launching of the project and the announcement of its Final Investment Decision (FID) last week Friday. The press conference was to give further details to the Central Lime and Cement project, where…
The Constitutional and Law Reform Commission (CLRC) just recently launched two key issues paper for the review of laws on Sexual Offences and State- Owned Enterprises (SOEs) under its latest Terms of Reference (TORs) in an effort to further tighten them in order to be more effective. These two TORs are: TOR 22: Review of Laws Relating to Sexual Offences (Incest) in Papua New Guinea TOR 25: Review of Laws on State-Owned Enterprises (SOEs): Meeting Objectives and Accountability to the State. CLRC Chairman MP Saki Soloma highlighted the importance of both reviews, emphasizing the urgency and necessity of addressing issues…
The Prime Minister (PM) of New Zealand Christopher Luxon is arriving this evening in Port Moresby city to commence his official three (3) day official visit to Papua New Guinea (PNG). Prime Minister James Marape confirms that PM Luxon, Prime will start his official visit today, Monday, 4th August and wrapping it up on Wednesday 6th August. Marape said this visit heralds a major season of diplomatic engagement as PNG gears up to commemorate its 50th Independence Anniversary. Prime Minister Marape hailed the visit as a defining moment in bilateral relations, underscoring New Zealand’s long-standing support for Papua New Guinea’s…
The BSP Financial Group Limited (BSP) was given a prestigious recognition for its Wantok Wallet financial service for bridging the financial inclusion gap in the country. BSP accepted the 2025 Service Member Recognition Award from the PNG Chamber of Resources & Energy (PNGCORE) on Thursday 31st July in Port Moresby city at the conclusion of the three-week PNGCORE Resource Week program. Launched in February 2025, Wantok Wallet enables secure, card- less transactions via mobile phones — without requiring a bank account, internet access, or even a smartphone. This innovation has empowered thousands of workers and families in resource-rich regions to…
Pacific Lime and Cement (PLC) officially launched the Central Lime & Cement project operations on Kido Island in Central province on Friday 1st August, much to the appreciation of the local villagers, the Provincial Government and the National Government. Pacific Lime and Cement, formerly Mayur Resources, focuses on the development of natural resources and renewable energy in Papua New Guinea (PNG). The company is committed to delivering its diversified asset portfolio, which spans lime, cement, nature-based forest carbon credits, iron and industrial sands, contributing to nation building and job creation. Opening formalities at the opening ceremony on Kido was PLC…
The Bougainville Copper Limited (BCL) is seeking potential mining partners to redevelop the Panguna Mine in the Autonomous Region of Bougainville (AROB). Since been granted the exploration license- EL01 in January 2024, BCL has made significant progress in onsite presence and activities over the past year. The Autonomous Bougainville Government (ABG) Chief Secretary Kearnneth Nanei, who spoke at this week’s PNG Resource Week CANCONEX in Port Moresby city, said the ABG holds 72.9% Share in BCL, after the Papua New Guinea (PNG) Government transferred 36.4% to the ABG. “As a major stakeholder, the role of the ABG together with our…
Despite cost of operation challenges, the Lihir Gold Limited on Lihir Island in New Ireland province has paid a healthy Corporate Income Tax to the State. Lihir Gold Limited, is a subsidiary of Newmont Corporation and has paid K230, 876, 334 to the Internal Revenue Commission (IRC) yesterday, Wednesday 30th July. Meanwhile, Prime Minister James Marape commends the good outcome of the operation at Lihir Gold Limited and appreciates this payment to the State. “Such revenues are critical to our government’s efforts to invest in infrastructure, education, health and rural development especially as we mark our 50th year of independence,”…